5:48 PM: Everyone is getting seated and the event will start in 12 minutes.

6:00 PM: The lights have gone down.

6:02 PM: “We want to kick of 2010 by introducing a magical and revolutionary product today… but first I have a few updates.”

6:05 PM: “Next update, the app store. We have over 140,000 apps, and a few weeks ago we announced a user downloaded 3 billion apps.”

6:08 PM: “SO all of us use laptops and smartphones… the question has arisen; is there room for something in the middle. We’ve wondered for years as well — in order to create that category, they have to be far better at doing some key tasks… better than the laptop, better than the smartphone.”

6:10 PM: “We think we’ve got something that is better. And we call it the iPad.”

7:14 PM: $14.99 for 250MB of data or $29.99 for unlimited. Free use of AT&T WiFi Hotspots. No contract. International deals by June. iPad 3G models are unlocked.

7:17 PM: “WiFI plus 3G if you want it. So iPad. It’s phenomenal. Email is fantastic, best device for photos, great for music, great for video. It runs almost all of the 140k apps on the app store, as well as a whole new generation of apps.”

For all those out there who need tethering. but cannot wait for there providers to roll out support, there is a very easy way for you to enable tethering on most networks across the world for free.

First head over to help.BenM.at in Safari on your iPhone.

Select Mobileconfigs

Select Your Country

Select Provider

Select Install

Select Install Now

Now go to Settings > General > Network > Internet Tethering > On, and now you have tethering.

Update: Some are reporting that this procedure could disable MMS and visual voicemail depending on your country and carrier.

Update 2: Techradar reports that O2 UK has responded to the tethering hack saying, “we reserve the right to charge customers making modem use of their iPhone or disconnect them.” This assumes O2 can identify such customers.

According to a anonymous tip, I assume from an AT&T worker, the new iPhone is said to be called the iPhone Video.
This could link back to the Carphone Warehouse’s Inventory holder which referenced the new phone as “iPhone32GbV3″ and iPhone 16GbV3″, I’m guessing the V would either stand for version or perhaps video.

As with all leaks and tip offs take it with a pinch of salt as nothing is confirmed until Monday at WWDC.